Task Systems Limited, EC1M 4JN

Description

Data updated on: 01-11-2023

2006 signifies the launching of Task Systems Limited, the firm located at 82 St John Street, London in Clerkenwell. That would make eighteen years Task Systems has prospered on the British market, as the company was founded on 2006-03-09. The firm registration number is 05736026 and the company zip code is EC1M 4JN. The firm is recognized as Task Systems Limited. It should be noted that the firm also was registered as Shop Front up till the company name was replaced eighteen years ago. This enterprise's classified under the NACE and SIC code 82990 - Other business support service activities not elsewhere classified. Task Systems Ltd released its latest accounts for the period that ended on 2022-03-31. The business latest annual confirmation statement was filed on 2023-03-09.

Bob G., William C., Garry H. and 2 other members of the Management Board who might be found within the Company Staff section of our website are registered as the firm's directors and have been doing everything they can to help the company since 2016. In addition, the director's duties are constantly helped with by a secretary - Costas K., who was officially appointed by this specific business on 2006-03-10.

Previous company's names
Task Systems Limited 2006-03-23
Shop Front Limited 2006-03-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 449 399	2 278 736	1 539 305	1 204 007
Current Assets	4 285 376	5 045 779	5 553 764	4 385 697
Debtors	2 072 367	1 736 950	3 000 789	1 974 375
Net Assets Liabilities	1 713 056	1 686 303	2 107 503	1 209 868
Other Debtors	161 598	206 247	242 759	520 053
Property Plant Equipment	95 786	25 122
Total Inventories	763 610	1 030 093	1 013 670

Other Financial Data
Audit Fees Expenses	15 700	18 200	15 000	19 950
Accrued Liabilities Deferred Income	401 647	930 214	636 779	606 589
Accumulated Amortisation Impairment Intangible Assets			8 760	21 900
Accumulated Depreciation Impairment Property Plant Equipment	496 193	501 089	426 893
Administrative Expenses	4 551 185	2 812 880	3 214 530	3 749 131
Amortisation Expense Intangible Assets			8 760
Amortisation Impairment Expense Intangible Assets			8 760	13 140
Average Number Employees During Period	53	46	38	34
Bank Borrowings		700 000	618 333	478 333
Bank Borrowings Overdrafts		627 788	478 333	338 333
Banking Arrangements Classified As Cash Cash Equivalents				-58 068
Bank Overdrafts				58 068
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	8 976	4 080
Cash Cash Equivalents Cash Flow Value	1 449 399	2 278 736	1 539 305	1 145 939
Corporation Tax Payable	3 929	5 724
Cost Sales	9 479 714	4 789 319	8 156 807	8 324 247
Creditors	2 668 106	627 788	478 333	338 333
Current Tax For Period	5 724			-84 687
Depreciation Expense Property Plant Equipment	5 711	4 896	25 122
Depreciation Impairment Expense Property Plant Equipment	5 711	4 896	25 122
Dividends Paid	300 000			300 000
Dividends Paid Classified As Financing Activities	-300 000			-300 000
Dividends Paid On Shares Interim	300 000			300 000
Finance Lease Liabilities Present Value Total	2 527
Finance Lease Payments Owing Minimum Gross	2 527
Finished Goods Goods For Resale	763 610	1 030 093	1 013 670	1 207 315
Fixed Assets	95 786	90 890	57 008
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		-700 000	81 667	140 000
Further Item Tax Increase Decrease Component Adjusting Items	952	8 467	68 316	111 604
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 045 891	1 269 495	692 909	276 530
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	16 114	-16 853	8 241	-3 225
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	362 193	-82 992	-140 294	201 640
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-524 820	-335 417	1 263 839	-1 026 414
Gain Loss In Cash Flows From Change In Inventories	-319 314	266 483	-16 423	193 645
Government Grant Income	19 352	815 652	281 596
Gross Profit Loss	4 439 126	1 910 504	3 266 959
Income Taxes Paid Refund Classified As Operating Activities	-14 371	59 183	-5 724	84 687
Increase Decrease In Current Tax From Adjustment For Prior Periods	-54 798	-57 388		-5 756
Increase From Amortisation Charge For Year Intangible Assets			8 760	13 140
Increase From Depreciation Charge For Year Property Plant Equipment		4 896	25 122
Intangible Assets		65 768	57 008	43 868
Intangible Assets Gross Cost		65 768	65 768
Interest Payable Similar Charges Finance Costs	150	2 430	12 891	18 743
Net Cash Flows From Used In Operating Activities	-385 437	-131 864	657 764	-46 634
Net Cash Generated From Operations	-399 958	-75 111	639 149	19 310
Net Current Assets Liabilities	1 617 270	2 223 201	2 528 828	1 504 333
Net Interest Paid Received Classified As Operating Activities	-150	-2 430	-12 891	-18 743
Number Equity Instruments Exercisable Share-based Payment Arrangement			3 500	3 500
Number Equity Instruments Granted Share-based Payment Arrangement	5 000
Number Equity Instruments Outstanding Share-based Payment Arrangement	3 500	3 500	3 500
Operating Profit Loss	-92 707	-86 724	434 091
Other Creditors	293 263	294 813	484 814	486 140
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			99 318
Other Disposals Property Plant Equipment			99 318
Other Operating Income Format1	19 352	815 652	381 662	126 000
Other Taxation Social Security Payable	407 987	515 824	268 066	270 359
Payments Finance Lease Liabilities Classified As Financing Activities	-4 552	-2 527
Pension Other Post-employment Benefit Costs Other Pension Costs	78 245	47 311	85 259	82 003
Prepayments Accrued Income	190 132	175 262	125 534	94 571
Proceeds From Sales Intangible Assets		65 768
Proceeds From Sales Property Plant Equipment		-65 768
Profit Loss	-43 783	-31 766	421 200	-597 635
Profit Loss On Ordinary Activities Before Tax	-92 857	-89 154	421 200	-682 322
Property Plant Equipment Gross Cost	591 979	526 211	426 893
Share-based Payment Expense Cash Settled	5 013	5 013
Social Security Costs	271 697	160 244	158 392
Staff Costs Employee Benefits Expense	2 898 201	1 854 390	2 002 443	2 157 573
Tax Expense Credit Applicable Tax Rate	-17 643	-16 939	80 028	-129 641
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-54 798	-57 388	-166 983	-78 931
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	19 683	7 520	18 639	18 037
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-49 074	-57 388		-84 687
Total Assets Less Current Liabilities	1 713 056	2 314 091	2 585 836	1 548 201
Total Borrowings		627 788	618 333	536 401
Total Current Tax Expense Credit	-49 074	-57 388
Total Operating Lease Payments	744 033	527 614	627 015
Trade Creditors Trade Payables	1 558 753	1 003 791	1 495 277	1 320 208
Trade Debtors Trade Receivables	1 720 637	1 355 441	2 632 496	1 359 751
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Intangible Assets		-65 768
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment		65 768
Turnover Revenue	13 918 840	6 699 823	11 423 766
Wages Salaries	2 548 259	1 646 835	1 758 792	1 872 649
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement			13	13
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement	13
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement	13
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement	13	13	13
Company Contributions To Defined Benefit Plans Directors	19 360	6 032	6 821
Director Remuneration	534 233	302 009	350 201	323 000
Director Remuneration Benefits Including Payments To Third Parties	553 593	308 041	357 022	331 120

Resigned: 31 March 2020

Latest update: 24 April 2024

Vantis Secretaries Limited

Role: Corporate Secretary

Appointed: 09 March 2006

Resigned: 10 March 2006

Address: London, EC1M 4JN

Latest update: 24 April 2024

Vantis Nominees Limited

Role: Corporate Director

Appointed: 09 March 2006

Resigned: 10 March 2006

Address: London, EC1M 4JN

Latest update: 24 April 2024

People with significant control

Executives who have control over the firm are as follows: Costas K. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Anthony D. owns 1/2 or less of company shares.

Costas K.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Anthony D.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	23 March 2024
Confirmation statement last made up date	09 March 2023

Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Task Systems Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Bob G.

William C.

Garry H.

Costas K.

Anthony D.

Costas K.

Fergus B.

Vantis Secretaries Limited

Vantis Nominees Limited

People with significant control

Costas K.

Anthony D.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies